Question:
The following information is available for Mandalay Company:
![1629_Mandalay company.jpg](https://secure.tutorsglobe.com/CMSImages/1629_Mandalay company.jpg)
Required
(a) Determine the material price variance based on the quantity of materials purchased.
(b) Determine the material quantity variance.
(c) Determine the direct labor rate variance.
(d) Determine the direct labor efficiencyvariance.